Abstract:
This text contains the winter forecast 2014 of the KOF Swiss Economic Institute at ETH Zurich, released on 17 December 2014. We present the recent economic developments in Switzerland and abroad, and discusses the main forecast results in the various sectors of the economy. We expect the Swiss economy to grow by 1.9% in 2015 and 2.1% in 2016, representing a small upward revision. In particular, the positive development in Europe is specified as a reason for this adjustment.